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Segment Reporting (Tables) | 3 Months Ended
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Mar. 31, 2024
Segment Reporting [Abstract] |
Revenue from External Customers by Geographic Areas | Revenue and income from operations by reportable segment for the three months ended March 31, 2024 and 2023 were as follows:
| Three Months Ended March 31, |  |
(dollars in thousands) | 2024 |  | 2023 |  |  |  |
Revenue: |  |  |  |  |  |  |
United States | $ | 101,481 |  |  | $ | 97,746 |  |  |  |  |
Europe | 26,409 |  |  | 28,113 |  |  |  |  |
Total revenue | $ | 127,890 |  |  | $ | 125,859 |  |  |  |  |
Income from Operations by Geographic Area |
| Three Months Ended March 31, |  |
(in thousands) | 2024 |  | 2023 |  |  |  |
Income (Loss) from Operations: |  |  |  |  |  |  |
United States | $ | 26,332 |  |  | $ | 20,481 |  |  |  |  |
Europe | (2,444) |  |  | (2,483) |  |  |  |  |
Corporate Unallocated and Japan | (17,061) |  |  | (14,249) |  |  |  |  |
Total Income from Operations | $ | 6,827 |  |  | $ | 3,749 |  |  |  |  |
Long-Lived Assets by Geographic Areas | Total long-lived assets at March 31, 2024 and December 31, 2023 were as follows:
(in thousands) | March 31, 2024 |  | December 31, 2023
Total long-lived assets: |  |  |
United States | $ | 195,944 |  |  | $ | 201,388 |
Europe | 51,854 |  |  | 52,267 |
Total Long-lived Assets | $ | 247,798 |  |  | $ | 253,655 |
Disaggregation of Revenue | Revenue by product line for the three months ended March 31, 2024 and 2023 were as follows:
| Three Months Ended March 31, |  |
(dollars in thousands) | 2024 |  | 2023 |  |  |  |
Revenue: |  |  |  |  |  |  |
Injection Molding | $ | 52,663 |  |  | $ | 51,948 |  |  |  |  |
CNC Machining | 49,932 |  |  | 48,104 |  |  |  |  |
3D Printing | 21,582 |  |  | 21,325 |  |  |  |  |
Sheet Metal | 3,553 |  |  | 4,248 |  |  |  |  |
Other Revenue | 160 |  |  | 234 |  |  |  |  |
Total Revenue | $ | 127,890 |  |  | $ | 125,859 |  |  |  |  |

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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
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- Definition Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph b -SubTopic 10 -Topic 280 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 + Details
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